Medicare Supplement Funding
The market for Medicare Supplement has one of the highest growth rates in the insurance industry today. With 10,000 Baby Boomers turning 65 every day, the growth rate in Medicare Supplement premiums is projected to be 10x the growth rate of the overall US population over the next three years.
As it stands today, there is an imbalance between the surging demand for Medicare Supplement policies and the limited supply of agents to sell those policies. Distribution struggles to keep up with the volume, and agencies are leaving money on the table for sales that they are under-funded and under-resourced to close.
With up-front funding, health insurance agents and agencies can take advantage of this unprecedented demand by investing in their business to buy more leads, capture more sales, open new offices, upgrade IT systems, and position themselves for long-term success as the over-65 market continues to expand.
How We Fund
Who We Fund
Persistency Funding Group provides agents and agencies with up-front cash by purchasing existing books of Medicare Supplement business. Medicare Supplement policies and their agent commission payments are by nature long-dated, in many cases with commission schedules that pay over 10+ years. While the total value of these commissions is attractive, the monthly commission check can be quite small. Persistency Funding Group takes into account the expectation for how the Medicare Supplement book of business will perform over the next 10+ years, and offers large up-front sums of cash to buy them. You monetize your long-dated book, and receive cash today to invest in your business and capture additional growth.
We work with agents and agencies who are interested in selling all, or some, of their Medicare Supplement book. We also work with agents and agencies who want to sell their Medicare Supplement business over time, as they need funds. Our belief is that your success is our success. By providing funds for you to grow your business, we believe that we are opening up new opportunities to buy commissions, your customer service is better and policyholders are happier, and we generate more business through referrals.
Request a Quote today to see how we can work with you to monetize your Medicare Supplement book.
- We exclusively purchase Medicare Supplement books of business.
- We also offer a flow origination program. As you write new policies, Persistency Funding will buy the rights to future commissions on those policies for an up-front flat rate.
- You can write as many or as few policies with our ongoing program as you wish.Collections are simple, and managed by the carrier.
- We also offer a referral program. Get your friend money, and make some too! Our referral programs pays you for closed business that you source to PFG.
PFG Referral Program
Do you know someone who may be interested in selling their book of Medicare Supplement business? Let us know! We offer a competitive referral program that pays you for business we close. Inquire for details.